SYSGROUP PLC
SysGroup plc is a public limited company registered in England and Wales under company number 06172239, incorporated on 20 March 2007. Its registered office is Ground Floor, The Clove Building, Maguire Street, London SE1 2NQ, and Companies House records its status as active as of September 2026.
The company is admitted to trading on AIM, a market operated by the London Stock Exchange, under the ticker SYS.
SysGroup describes itself as an advisory-led, end-to-end managed IT service provider focused on cybersecurity, managed services and AI-enabled operational delivery for UK mid-market organisations, typically those with 100 to 2,000 employees. Its registered Standard Industrial Classification codes cover information technology consultancy activities (62020), other information technology service activities (62090), and data processing, hosting and related activities (63110). The group operates from offices in London, Manchester, Edinburgh, Pinewood and Newport.
For the financial year ended 31 March 2026, SysGroup reported consolidated group revenue of £22.1 million, an 8% increase on the £20.5 million reported for the year ended 31 March 2025, with adjusted EBITDA rising 26% to £1.2 million (FY2025: £0.95 million). Cybersecurity services accounted for 45% of FY2026 revenue, up from 40% in FY2025. Year-end headcount was reported as 83 employees.
In December 2025, SysGroup completed the acquisition of Saxis Group Limited for £1.25 million in cash plus up to £0.5 million in deferred earn-out consideration, part of a continuing buy-and-build strategy in the UK managed services market.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
5
Shareholders of SysGroup plc
SysGroup plc is a UK AIM-listed company, so public disclosure covers major shareholders rather than a complete shareholder register. Per the company’s own share capital disclosure dated 15 June 2026, SysGroup had 85,515,091 ordinary shares in issue with 83,725,179 voting rights. The largest disclosed holder was Gresham House Asset Management Limited with approximately 26.06% of voting rights, followed by Executive Chairman Heejae Richard Chae with approximately 13.17%.
Separately, substantial-shareholding notification data verified 21 September 2026 records Gresham House Asset Management Limited at approximately 45.25%, Canaccord Genuity Group Inc at approximately 16.54%, Herald Investment Management Limited at approximately 11.99%, an individual named Darren Carter at approximately 10.30%, and Downing LLP at approximately 0.25%. These figures do not fully reconcile with the company’s 15 June 2026 capital-structure statement, most likely reflecting different disclosure dates and/or notification thresholds; both are reported here rather than reconciled, since the underlying source dates differ.
Ultimate beneficial ownership
Companies House records Gresham House Asset Management Limited (a UK-registered company, number 09447087) as the sole active person with significant control of SysGroup plc, holding more than 25% but not more than 50% of shares and voting rights, notified 9 January 2024. Two prior PSC statements indicating no registrable person were filed and later withdrawn, most recently 9 January 2025. Companies House also notes that PSC updates for SysGroup plc ceased from 20 March 2026 under the exemption available to UK-listed entities, so the PSC register may not reflect subsequent ownership changes.
Mr Heejae Richard Chae (notified 26 June 2023, ceased 11 March 2024), Mr Martin Audcent (notified 16 July 2018, ceased 11 March 2024) and Mr Adam Binks (notified 31 October 2017, ceased 26 June 2023) are recorded as former PSCs.
Data availability
Shareholder and beneficial-ownership information is classified as Major shareholders only: Companies House publishes the current PSC, and the company publishes headline shareholder percentages, but a complete register of all shareholders is not publicly available for a listed company of this kind.
Sources
- Companies House, Persons with significant control, https://find-and-update.company-information.service.gov.uk/company/06172239/persons-with-significant-control, retrieved 22 September 2026
- SysGroup plc, Investor Relations, https://www.sysgroup.com/investor-relations/, retrieved 22 September 2026
Officers
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Directors and officers of SysGroup plc
Companies House records 35 officer appointments in total for SysGroup plc, of which 28 have resigned, leaving 7 currently active as of 22 September 2026: six directors and one company secretary. The active directors are Heejae Richard Chae (appointed 26 June 2023), Davin Cushman (appointed 10 June 2024), Paul Edwards (appointed 25 September 2023), Michael James Fletcher (appointed 8 January 2018), Owen Rhodri Phillips (appointed 11 March 2024) and Mark Alexander Reilly (appointed 12 December 2023). Craig Ormesher was appointed Company Secretary on 20 August 2026. Nationality is officially disclosed for most active directors: Chae and Cushman are recorded as American nationals resident in England; Edwards, Fletcher, Phillips and Reilly are recorded as British nationals resident in England (Fletcher’s residence is recorded simply as United Kingdom). Nationality for Craig Ormesher is not shown on the current register.
Recent officer changes
- Appointment: Craig Ormesher appointed Company Secretary, effective 20 August 2026 (Companies House).
- Appointment: Davin Cushman appointed Director, effective 10 June 2024 (Companies House).
- Appointment: Owen Rhodri Phillips appointed Director, effective 11 March 2024 (Companies House).
Data availability
Officer information for this England and Wales company is classified as Full: Companies House publishes current and historical appointments with appointment and resignation dates, and nationality is disclosed for most active directors. Registered correspondence addresses are service addresses only and are not indicative of directors’ actual residence.
Sources
- Companies House, Officers, https://find-and-update.company-information.service.gov.uk/company/06172239/officers, retrieved 22 September 2026
Group Structure
Group structure of SysGroup plc
SysGroup plc is the ultimate parent of a UK-registered corporate group operating in the managed IT and cybersecurity services sector. Companies House confirms that group entities including SysGroup Holding (No1) Limited (incorporated 6 August 2024) and Hub Network Services Limited (incorporated 6 October 1997) share SysGroup plc’s registered office ("C/O Sysgroup Plc, Ground Floor, The Clove Building, Maguire Street, London SE1 2NQ") and are both recorded as active. SysGroup plc’s own PSC filing identifies no parent company controlling SysGroup plc itself, consistent with its position as the group’s ultimate holding company. The group’s FY2026 consolidated results reference multiple operating subsidiaries and recently acquired entities, including Saxis Group Limited, acquired in December 2025.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| SysGroup Holding (No1) Limited | GB | 15880286 | Direct subsidiary (registered office shared with parent) | Ownership percentage not disclosed | Active | 22 September 2026 |
| Hub Network Services Limited | GB | 03445439 | Direct subsidiary (registered office shared with parent) | Ownership percentage not disclosed | Active | 22 September 2026 |
| Saxis Group Limited | GB | Not verified in this review | Recently acquired subsidiary (December 2025) | Not disclosed | Active (per FY2026 results) | 22 September 2026 |
Recent structural changes
- Acquisition: SysGroup plc acquired Saxis Group Limited in December 2025 for £1.25 million cash plus up to £0.5 million in earn-out consideration (SysGroup FY2026 final results, published 8 July 2026).
Data availability
Corporate-linkage information is classified as Partial: Companies House confirms shared registered offices and active status for the group entities checked, but exact intra-group ownership percentages are not disclosed in the public filings reviewed. Additional subsidiaries referenced in SysGroup’s internal group data were not individually re-verified against their own Companies House filings in this review.
Sources
- Companies House, SysGroup Holding (No1) Limited, https://find-and-update.company-information.service.gov.uk/company/15880286, retrieved 22 September 2026
- Companies House, Hub Network Services Limited, https://find-and-update.company-information.service.gov.uk/company/03445439, retrieved 22 September 2026
- SysGroup plc, Final Results for the year ended 31 March 2026 (RNS, Investegate), https://www.investegate.co.uk/announcement/rns/sysgroup–sys/final-results-for-the-year-ended-31-march-2026/9657178, published 8 July 2026, retrieved 22 September 2026
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Frequently Asked Questions
What does SYSGROUP PLC do?
Managed IT service provider focused on cybersecurity, managed services and AI-enabled IT operations for UK mid-market organisations (Companies House SIC: IT consultancy, IT services, data processing/hosting).
Who owns SYSGROUP PLC?
Major shareholders only disclosed; largest holder Gresham House Asset Management Limited (approx. 26% per June 2026 IR statement, approx. 45% per September 2026 notification data); Executive Chairman Heejae Chae holds approx. 13%.
Who is SYSGROUP PLC's UBO (Ultimate Beneficial Owner)?
Sole active PSC per Companies House is Gresham House Asset Management Limited (UK company, reg 09447087), holding 25-50% of shares/voting rights, notified 9 Jan 2024; PSC updates ceased 20 Mar 2026 under the listed-company exemption.
What is SYSGROUP PLC's company registration number?
SYSGROUP PLC's registration number is 06172239, filed with Companies House in United Kingdom. Its current status on the register is active.
Is SYSGROUP PLC still an active company?
SYSGROUP PLC's status on Companies House is listed as active.
When was SYSGROUP PLC incorporated?
SYSGROUP PLC was incorporated on 20 March 2007, according to Companies House.
What is SYSGROUP PLC's registered address?
The registered address on file for SYSGROUP PLC is London, United Kingdom.
What legal structure is SYSGROUP PLC registered as?
SYSGROUP PLC is registered as a Public Limited Company in United Kingdom.
What is SYSGROUP PLC's revenue?
FY2026 (year to 31 March 2026) group revenue £22.1m, up 8% from £20.5m in FY2025; adjusted EBITDA £1.2m, up 26% from £0.95m.
Is SYSGROUP PLC listed on a stock exchange?
Listed on AIM (London Stock Exchange) under ticker SYS.
Who are the officers/directors of SYSGROUP PLC?
7 active officers at Companies House: 6 directors (Chae, Cushman, Edwards, Fletcher, Phillips, Reilly) and 1 secretary (Ormesher); 28 prior officers resigned.
Does SYSGROUP PLC have a parent company or subsidiaries?
Ultimate parent of a UK group; verified active subsidiaries include SysGroup Holding (No1) Limited and Hub Network Services Limited; acquired Saxis Group Limited in December 2025.
Can Zavia monitor changes to SYSGROUP PLC's ownership over time?
This profile reflects a point-in-time snapshot from Companies House. Zavia's monitoring API can track changes to SYSGROUP PLC's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access SYSGROUP PLC's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including United Kingdom, so records like SYSGROUP PLC's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Companies House and was last synced on 22 September 2026.